Common use of California Labor Code Section 4850 Exception Clause in Contracts

California Labor Code Section 4850 Exception. Notwithstanding Section E (3) above, an employee who is on California Labor Code Section 4850 time for a period of six (6) months or more within the last twelve (12) month period and the employee is, or imminently will be, foregoing vacation credit accruals due to reaching the Maximum Balance, may have vacation credits converted to a cash payment as described in Section E above.

California Labor Code Section 4850 Exception. Notwithstanding Section E (3) 2.E.3 above, an employee who is on California Labor Code Section 4850 time for a period of six (6) months or more within the last twelve (12) month period and the employee is, or imminently will be, foregoing vacation credit accruals due to reaching the Maximum Balance, may have vacation credits converted to a cash payment as described in Section E 2.E above.

California Labor Code Section 4850 Exception. Notwithstanding Section E (3) 2.E.3. above, an employee who is on California Labor Code Section 4850 time for a period of six (6) months or more within the last twelve (12) month period and the employee is, or imminently will be, foregoing vacation credit accruals due to reaching the Maximum Balance, may have vacation credits converted to a cash payment as described in Section E 2.E. above.